On behalf of the team, allow me to clear out a few inaccuracies in the post.
The team has no affiliation to the Signatum team (i.e. founders and developer Signatumd (aka Skankhunter) and Doctor). Some of the developers helped on a community level but they were never core developers nor founders of Signatum. This was simply a badge that Skankhunter decided to give the community helpers on his last official day on Signatum's discord, on the 2nd October before then completely vanishing.
We have tried to be very transparent on the reasoning behind the swap offer since STRAKS' conception. We always saw this as an offer to help out those severely impacted by the nefarious activities of the Signatum Developers and Founders (Skankhunter and Doctor - the coin rapidly dropped from the 5K sat high to 150 sat (approx)). We were all in agreement that we wanted to do our part to create an ethical sound corner in the otherwise often misleading and untrustworthy cryptocurrency market. We are all tired of seeing such activities tainting the sphere, in a market we otherwise all have a love for. Rest assured that the swap will have a minimal impact on the currency, as we have taken precautionary measures to ensure that the market will never be flooded by the swap, as the payments are spread over a maximum period of 6 years, to be paid out in monthly installments alongside mining (at the same rate).
RE: Straks – Any Future? Or will it be another Signatum?